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Lower Earnings Near Retirement Can Reduce Benefits
(Posted March 5, 2013)
Question 975: I'm 57 years old with 39 years of service. If I switch to a reserve board at 70% of my current pay for the last two and one-half years before I retire, would it effect (reduce) my retirement benefit?
Answer: Going on 70% pay the last two years before retirement could reduce your annuity, but the additional service months could offset the reduction in your average earnings.
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